Economy: Higher energy prices push OECD inflation up to 2.1% in December 2019

04/02/2020 - Annual inflation in the OECD area picked up to 2.1 % in December, compared with 1.8% in November 2019, as energy prices rose by 2.2% following a contraction of (minus) 1.0% in November, writes the OECD.

Food price inflation as well as annual inflation excluding food and energy were stable in December at 1.6% and 2.1% respectively. .